🚨 $BTC has launched 🚀, hitting the trading level of $107,500 and consolidating there‼️ During the U.S. trading session, it broke past $108,000 💥. As long as the supply shortage continues, upward momentum remains strong 🚀.
However, the market still lacks significant liquidity — today’s calm has turned into a storm 🌊. Altcoins remain stagnant due to limited capital inflow 💰. $ETH has yet to secure a position above $2,500, suggesting a potential retrace of $BTC back to $103,000 or even $100,000, driven by insufficient market cap 💼 and capital spread 🪙.
🚨 Bitcoin has now exited the long zone and entered the short zone 📉. Bears 🐻 are likely to defend the $109,000 level fiercely, with aggressive spot selling expected. Those aiming for $110,000 may not see that level in this rally ⚠️.
Still, the ongoing deficit could trigger a temporary ATH breakout, potentially waking the dormant mega bulls 😴 who bought in at $25,000–$50,000 and may now look to lock in profits 💰. That said, large funds 🐳 might step in to cap the surge, as overly high prices may not align with their strategy — they need a stable BTC flow to fulfill investor redemptions 📈.
Wishing everyone successful trades today 💰— don’t forget to drop a like! 👍❤️